What does wealth management division — professional fees mean?

This captures the costs incurred for external professional services, including legal, consulting, audit, and specialized advisory services utilized by the wealth management division. It reflects the segment's reliance on third-party expertise to support compliance, strategy, and operational functions.

Peapack-Gladstone Financial PGC Wealth Management Division — Professional Fees

Other segment segments

Banking

$1.54M+29.2%

Similar metrics at other companies

WSFSWealth Management — Professional fees

$1.69M+38.5%

OFGWealth Management — Professional Fees

$719K+12.0%

UVSPWealth Management — Professional fees

$179K-44.6%

CBUWealth Management Services — Professional Fees

$224K+107%

TRMKWealth Management — Services And Fees

$695K+7.3%

WSFSWealth and Trust — Professional fees

$1.2M-21.0%

Other financials

Income statement

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Revenue$82.5M+28.2%

Net income$14.2M+86.3%

EPS (diluted)$0.80+86.0%

Balance sheet

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Cash & equivalents$253.4M+9.3%

Total debt$106.4M+140%

Total equity$699.2M+12.4%

Total assets$7.7B+8.1%

Cash flow

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Operating cash flow$24.6M+412%

CapEx$1.3M-64.1%

Free cash flow$23.3M+303%

Valuation

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Market cap$822.13M+74.4%

Enterprise value$675.15M+138%

P/E18.7×+4.0×

P/S2.7×+0.8×

Profitability

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Net margin14.6%+1.2pp

FCF margin14.2%-6.9pp

Returns & leverage

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Return on equity6.6%+1.3pp

Debt / equity0.2×+0.1×

Where this comes from

Reported directly by Peapack-Gladstone Financial in its filing.

Tagged under the XBRL concept us-gaap:ProfessionalFees.

The official record: Peapack-Gladstone Financial’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Peapack-Gladstone Financial's wealth management division — professional fees?: Peapack-Gladstone Financial (PGC) reported wealth management division — professional fees of $17K in Q1 2026.
What does wealth management division — professional fees mean?: This captures the costs incurred for external professional services, including legal, consulting, audit, and specialized advisory services utilized by the wealth management division. It reflects the segment's reliance on third-party expertise to support compliance, strategy, and operational functions.